By Jonathan Stempel NEW YORK (Reuters) – Berkshire Hathaway, the conglomerate led by billionaire Warren Buffett, paid $2.6 billion last month for the 20% of the Pilot Travel Centers truck stop business it did not already own, after resolving a lawsuit over the price. The price means Berkshire paid about $13.6 billion for Pilot, which […]
By Jonathan Stempel NEW YORK (Reuters) – Berkshire Hathaway, the conglomerate led by billionaire Warren Buffett, paid $2.6 billion last month for the 20% of the Pilot Travel Centers truck stop business it did not already own, after resolving a lawsuit over the price. The price means Berkshire paid about $13.6 billion for Pilot, which […]
DOVER, Del. (AP) — Following the settlement of a lawsuit pitting Cleveland Browns owner Jimmy Haslam against fellow billionaire Warren Buffett’s Berkshire Hathaway, the clock is ticking for the Haslam family to decide whether to sell its remaining stake in the Pilot truck stop chain to Berkshire. Attorneys told a Delaware judge last week that […]
By Tom Hals WILMINGTON, Delaware (Reuters) – An unusual, billion-dollar trial between Warren Buffett’s Berkshire Hathaway and the billionaire Haslam family was canceled by the court on Saturday, two days before it was scheduled to start. “This confirms that the trial scheduled in this matter for January 8 and 9, 2024 is hereby canceled and […]
DOVER, Del. (AP) — Deposition testimony from billionaire Jimmy Haslam supports claims by Warren Buffett’s Berkshire Hathway that Haslam tried to bribe employees at the Pilot truck stop chain amid a dispute with Berkshire over the future of the company, a Berkshire attorney told a judge Thursday. In a deposition Tuesday, Haslam denied offering a […]